Supermarkets: Meaning, Characteristics, Advantages and.
Disadvantages of buying from corner stores, the retail outlet is small, so only a limited variety of items and of brands within items is offered. They sell as wide a variety of goods as they can fit into the space available. Prices are higher than in supermarkets because corner shops do not have as high a turnover.The main advantage is that you can find everything under one vast roof because supermarkets offer a great selection of goods. It helps when people want to buy a lot of things and saaves their time because there is no need to visit more than one shop. Equally important is that you can find a lot of sales.Advantages of Supermarkets. Supermarkets suffer from the following limitations: 1. Supermarkets are located in busy centres 2. Buyers get quality goods at lower prices 3. Profit margin is lower 4. Customers get a wide assortment of goods 5. Shopping is convenient 6. There is no risk of bad debts.
Disadvantages of Super Market: (1) It is one of the large scale retail organisation and requires huge capital to carry its business. (2) In big and overcrowded cities, it is very difficult to find spacious premises in important markets at economical rates.Both a corner shop and a supermarket has many advantages and disadvantages. The corner shop is generally small and has friendly staff. Because it is not as big you cannot find there sophisticated products as you can find in supermarket. The staff usually know you very well.
Advantages of large scale operations. Disadvantages of Supermarket. The disadvantages of a supermarket or super Bazaar are as follows: Supermarket requires huge financial resources. It is normally situated at a long distance from the residential localities. There is lack of personal attention.
